Blockchain: from bitcoin to decentralised democracy

Expert study

Blockchain technology facilitated the development of the bitcoin and other crypto-currencies. Since they first appeared in 2009, these currencies have boomed and meanwhile attained a high degree of economic importance. The technology has continued to evolve and blockchains can now be used for purposes such as writing smart contracts. This means that new economic paradigms can be established, while intermediaries between clients and suppliers are becoming a thing of the past. In the future, blockchain technology could pave the way for e-government services, electronic voting, etc., and thus contribute towards a more transparent and decentralised democracy.

The aim of this interdisciplinary study is to assess the risks and opportunities associated with this technology by examining its development in Switzerland and focusing on related economic, technological, legal and political aspects. Several case studies are to be carried out in order to examine these facets in greater depth. Ultimately the study will give rise to a better understanding of the technology and provide a basis for discussion for political and other decision-makers. It will also culminate in a general evaluation and where possible formulate recommendations relating to this topic.

Project management TA-SWISS

The project in short

Blockchain technology, which in 2009 facilitated the boom in virtual currencies, is regarded in certain circles as the greatest revolution since the invention of the Internet. It is now used for drawing up smart contracts, and is thus modifying certain paradigms by replacing conventional intermediaries such as banks. It could ultimately also be used for various state and e-government services such as electronic voting. This TA-Swiss study aims to result in a better understanding of this technology and trigger widespread discussion on its applications.